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PRA issues notice to property dealers, developers, builders

PRA issues notice to property dealers, developers, builders

LAHORE: Punjab Revenue Authority (PRA) has issued notice to at least 50 property dealers, developers, builders of housing societies across the province.

According to official sources, the authority issued notices to the dealers and developers of top housing societies including Bahria Town, Eden Housing Society, Lake City Elite Town and others asking them to get registered under the Punjab Revenue Authority Act 2012.

PRA has also written a letter to Lahore Development Authority (LDA), seeking its assistance to identify taxable dealers, developers, who were not registered with PRA and evading tax on services, the sources said.